The validity of short selling strategies is undeniable, and the reason to avoid short positions in certain scenarios is equally valid. Are we all on the same page here? Let’s clarify and confirm the facts at hand.
At the moment, the market is moving towards the upper limit of the 3-day trend line, estimated at 108. Reaching the upper limit of the weekly trend line, around 125, also seems highly achievable. And as for the potential to reach 140, that target is not just realistic – it is quite achievable.
Be patient and let the market momentum unfold. Opportunities are coming, and with discipline and observation, these targets are well within reach.